3 months ago
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A Queensland public servant on more than $1 million a year has resigned.
Professor Paul Simshauser AM became chief executive of Powerlink in 2020.
The government-owned corporation operates transmission lines connecting millions of Queenslanders to electricity.
Powerlink CEO Paul Simshauser has resigned. He will stay in the million-dollar-a-year job until November. Credit: Sasha Woolley
It has undergone rapid transformation amid the shift to renewables in the past five years.
On Tuesday, Simshauser announced he was resigning from the top job.
“I leave with full confidence in the direction we have now charted,” he said in a statement.
Simshauser will stay at Powerlink until mid-November, before doing a research stint at university and returning to the private sector.
Treasurer and Energy Minister David Janetzki thanked the outgoing chief executive.
“Paul is one of the most respected figures in the energy sector, and it’s been a privilege to work with him,” he said.
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“I wish him all the very best and know that he will be sorely missed.
“I look forward to his continuing contribution to our state in the years ahead.”
Powerlink was tasked with delivering North Queensland’s controversial CopperString project – a high-voltage transmission line from Townsville to Mount Isa – but it’s projected costs have blown out and the Queensland Investment Corporation has been brought in to help complete construction.
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